While the Board of Directors is no longer listed on the Advent Solar website, company founder and former CEO Rusty Schmit resigned from the Advent Solar board according to his innovation: article, Confessions of a Serial Entrepreneur.

In order to get the new larger solar cell to market as soon as possible, the company said that the product development phase will take six months, followed by three months of testing, and then six months of certification.

If Advent Solar succeeds with their 156mm EWT solar cell development and commercialization efforts, will the company rehire workers to kick start production in spring 2009 or pursue strategic options utilizing Mr. Hermann’s “extensive experience in M&A” (Mergers and Acquisitions)?